Beyond Wage as a Major Determinant of Occupational Choice in the Entertainment and Sports Industry
Date
2013-07
Authors
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Publisher
University of Ghana
Abstract
Wages and earnings have been a constant source of interest to labour economists. This study
investigates the influence of non-pecuniary factors like personality traits, prestige, education,
parents among others on occupational choice using primary data collected from a survey of 150
purposive sampled professionals in the entertainment and sports industry in Ghana.
A multinomial logit (MNL) analysis was conducted to examine the significance and marginal
effects of these non-pecuniary variables on the individual’s choice of occupation. The data provide
extensive information on the socioeconomic characteristics of the individuals as well as the
empirical results from the MNL analysis.
The results from the estimation using a multinomial logit model was linked with some literature
and also checked against apriori assumptions. Generally, the findings indicate that education and
training, and geographical context had higher marginal influence on the choice of both football
and acting career in relation to the base (music) than other factors in the model. Some of the
variables conformed to apriori expectation, albeit insignificant.
Description
Thesis (MPHIL)-University of Ghana, 2013